Siemens Greek Bribery Scandal
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Siemens Greek Bribery Scandal
The Siemens bribery scandal in Greece is a corruption and bribery scandal in Greece over deals between Siemens and Greek government officials during the 2004 Summer Olympic Games in Athens, Greece regarding security systems and purchases by OTE in the 1990s. Although there is no conclusive evidence, the scandal has created a serious change in the attitudes of the Greek public, most notably a dissatisfaction with both main political parties in Greece, New Democracy and Panhellenic Socialist Movement (PASOK) and creating a "hole of authority" leading to a vicious circle of political instability. It has been claimed that the bribes may have been up to 100 million Euro. These bribes were allegedly given in order to win state contracts. It has been indicated that a few PASOK members acting as individuals may have been involved, although this is simply a claim and nothing has been proven or at least any evidence come to light. A Greek prosecutor, after two years of investigations, fil ...
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Political Corruption
Political corruption is the use of powers by government officials or their network contacts for illegitimate private gain. Forms of corruption vary, but can include bribery, lobbying, extortion, cronyism, nepotism, parochialism, patronage, influence peddling, graft, and embezzlement. Corruption may facilitate criminal enterprise such as drug trafficking, money laundering, and human trafficking, though it is not restricted to these activities. Misuse of government power for other purposes, such as repression of political opponents and general police brutality, is also considered political corruption. Over time, corruption has been defined differently. For example, in a simple context, while performing work for a government or as a representative, it is unethical to accept a gift. Any free gift could be construed as a scheme to lure the recipient towards some biases. In most cases, the gift is seen as an intention to seek certain favors such as work promotion, tipping in or ...
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Money Laundering
Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions with varying definitions. It is usually a key operation of organized crime. In US law, money laundering is the practice of engaging in financial transactions to conceal the identity, source, or destination of illegally gained money. In UK law the common law definition is wider. The act is defined as "taking any action with property of any form which is either wholly or in part the proceeds of a crime that will disguise the fact that that property is the proceeds of a crime or obscure the beneficial ownership of said property". In the past, the term "money laundering" was applied only to financial transactions related to organized crime. Today its definition is often expanded by government and international regulators such as the US Offic ...
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Political History Of Greece
Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to the northeast. The Aegean Sea lies to the east of the mainland, the Ionian Sea to the west, and the Sea of Crete and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean Basin, featuring thousands of islands. The country consists of nine traditional geographic regions, and has a population of approximately 10.4 million. Athens is the nation's capital and largest city, followed by Thessaloniki and Patras. Greece is considered the cradle of Western civilization, being the birthplace of democracy, Western philosophy, Western literature, historiography, political science, major scientific and mathematical principles, t ...
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2008 In Greece
8 (eight) is the natural number following 7 and preceding 9. In mathematics 8 is: * a composite number, its proper divisors being , , and . It is twice 4 or four times 2. * a power of two, being 2 (two cubed), and is the first number of the form , being an integer greater than 1. * the first number which is neither prime nor semiprime. * the base of the octal number system, which is mostly used with computers. In octal, one digit represents three bits. In modern computers, a byte is a grouping of eight bits, also called an octet. * a Fibonacci number, being plus . The next Fibonacci number is . 8 is the only positive Fibonacci number, aside from 1, that is a perfect cube. * the only nonzero perfect power that is one less than another perfect power, by Mihăilescu's Theorem. * the order of the smallest non-abelian group all of whose subgroups are normal. * the dimension of the octonions and is the highest possible dimension of a normed division algebra. * the first number ...
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Political Scandals In Greece
Politics (from , ) is the set of activities that are associated with Decision-making, making decisions in Social group, groups, or other forms of Power (social and political), power relations among individuals, such as the distribution of resources or Social status, status. The branch of social science that studies politics and government is referred to as political science. It may be used positively in the context of a "political solution" which is compromising and nonviolent, or descriptively as "the art or science of government", but also often carries a negative connotation.. The concept has been defined in various ways, and different approaches have fundamentally differing views on whether it should be used extensively or limitedly, empirically or normatively, and on whether conflict or co-operation is more essential to it. A variety of methods are deployed in politics, which include promoting one's own political views among people, negotiation with other political subje ...
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Siemens Scandal
of January 1914 involved collusion between several high-ranking members of the Imperial Japanese Navy, the British company Vickers, and the German industrial conglomerate of Siemens AG. It was one of several spectacular political scandals of late Meiji and Taishō period Japanese politics, leading to the fall of the cabinet of Yamamoto Gonnohyoe. Description The Japanese navy was engaged in a massive expansion program, and many major items (such as advanced warships and weaponry) were still being imported from Europe. Siemens had secured a virtual monopoly over Japanese naval contracts in return for a secret 15% kickback to the Japanese naval authorities responsible for procurement. In 1914, the British firm of Vickers (via their Japanese agents Mitsui Bussan) offered the Japanese naval authorities a more lucrative deal, involving a 25% kickback, with 40,000 yen for Vice Admiral Matsumoto Kazu, the former Chief of the Navy Technical Department, specifically involving the p ...
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Greek Reporter
Greek Reporter is a news organization for Greek people around the world. It functions as a news agency and online portal consisting of a collection of internet news web sites for Greek people and people of Greek descent who live and work in and outside Greece. History It was founded in 2008 by Anastasios (Tasos) Papapostolou as Greek Hollywood Reporter, a news portal for the Greek community in the entertainment business. Two years later, the site expanded in order to target all Greek diaspora The Greek diaspora, also known as Omogenia ( el, Ομογένεια, Omogéneia), are the communities of Greeks living outside of Greece and Cyprus (excluding Northern Cyprus). Such places historically include Albania, North Macedonia, parts of ... and changed its name to Greek Reporter. References External links * {{official, https://greekreporter.com Greek news websites Greek diaspora English-language mass media in Greece ...
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Kostas Simitis
Konstantinos G. Simitis ( el, Κωνσταντίνος Γ. Σημίτης; born 23 June 1936), usually referred to as Costas Simitis or Kostas Simitis (Κώστας Σημίτης), is a Greek politician who served as Prime Minister of Greece and was leader of the Panhellenic Socialist Movement (PASOK) from 1996 to 2004. Biography Costas Simitis was born in Piraeus to Georgios Simitis, a Professor at the School of Economic and Commercial Sciences, and to his wife Fani (née Christopoulou). He studied law at the University of Marburg in Germany and economics at the London School of Economics. He is married to Daphne Arkadiou (b. 1938), and has two daughters, Fiona and Marilena. He currently resides in the Kolonaki district of Athens. His brother Spiros Simitis is a prominent jurist specializing on data privacy in Germany. Political activity before 1981 In 1965 he returned to Greece and was one of the founders of the "Alexandros Papanastasiou" political research group. I ...
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Dora Bakogianni
Theodora "Dora" Bakoyanni ( el, Θεοδώρα "Ντόρα" Μπακογιάννη; ; ''née'' Mitsotakis; el, Μητσοτάκη, links=no; born May 6, 1954) is a Greek politician. From 2006 to 2009 she was Minister of Foreign Affairs of Greece, the highest position ever to have been held by a woman in the Cabinet of Greece at the time; she was also Chairperson-in-Office of the Organization for Security and Co-operation in Europe in 2009. Previously she was the Mayor of Athens from 2003 to 2006, the first female mayor in the city's history, and the first woman to serve as mayor of a city hosting the Olympic Games. She also served as Minister for Culture of Greece from 1992 to 1993. Bakoyannis has been serving as an independent member of the Hellenic Parliament representing unofficially Democratic Alliance, the political party she founded in 2010, having been expelled from the opposition New Democracy party due to voting against the party line. In May 2012, due to the critical ...
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Kyriakos Mitsotakis
Kyriakos Mitsotakis ( el, Κυριάκος Μητσοτάκης, ; born 4 March 1968) is a Greek politician serving as the prime minister of Greece since 8 July 2019. A member of the New Democracy (Greece), New Democracy, he has been its president since 2016. He previously was Leader of the Opposition (Greece), Leader of the Opposition from 2016 to 2019, and Ministry of Digital Governance (Greece), Minister of Administrative Reform from 2013 to 2015. He was first elected to the Hellenic Parliament for the Athens B List of parliamentary constituencies of Greece, constituency in 2004 Greek legislative election, 2004. After New Democracy suffered two election defeats in 2015, he was elected the party's leader in January 2016. Three years later, he led his party to a majority in the 2019 Greek legislative election, 2019 election. During Mitsotakis' term as PM, he has received praise for being Pro-Europeanism, pro-European and governing Technocracy, technocratic, his handling of t ...
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